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Block 533 Pasir Ris Drive 1

Executive · Built 1992 · 65 years remaining lease MOP Cleared
Latest Sale
$925,000
Mar 2026 · EXECUTIVE · Floor 01-03
Median $/sqm
$6,091
Based on 6 transactions
Total Transactions
6
Since Jan 2017
5-Year Trend
--
Insufficient data
Median Price ?
Top 1%
#4 / 428 Top 1%
Latest Sale ?
Top 13%
#56 / 428 Top 13%
Value ($/sqm) ?
Top 2%
#10 / 428 Top 2%
Price Trend
Source: HDB Resale Flat Prices, data.gov.sg. Updated monthly.
What's Your Unit Worth?
HDB records transactions in 3-storey bands (e.g. 01 TO 03). Pick the band closest to your floor.
Estimated Market Value
--
Future Value Projection
Market Appreciation
+3%/yr
vs
Lease Decay
−0.41%/yr
Growth assumption
Using default rate (insufficient transaction history for this block)
Estimated value in --
--
Market appreciation --
Lease decay --
Net effect --
Projection uses Bala's Table (SLA leasehold model) for lease decay and your selected growth rate for appreciation. Lease decay is non-linear and accelerates as remaining lease shortens. Past growth does not guarantee future performance. Not financial advice.
Lease Decay Projection
0 years 65 years remaining 99 years
65 years 10 months
Remaining lease
↓ 0.41%/yr
Annual lease decay (Bala's Table)
Based on Bala's Table (SLA leasehold relativity model). At 65 years remaining, decay is gradual (~0.41%/yr). It accelerates significantly below 40 years. Market appreciation (historically 2-4%/yr) currently outpaces lease decay for this block.
All Transactions
Date Floor Type Area Price $/sqm
Mar 2026 01 TO 03 EXECUTIVE 144 sqm $925,000 $6,424
Jan 2026 01 TO 03 EXECUTIVE 144 sqm $938,000 $6,514
Jun 2024 07 TO 09 EXECUTIVE 145 sqm $940,000 $6,483
Feb 2023 04 TO 06 EXECUTIVE 145 sqm $835,000 $5,759
Sep 2017 07 TO 09 EXECUTIVE 145 sqm $750,000 $5,172
Mar 2017 07 TO 09 EXECUTIVE 145 sqm $738,000 $5,090
Showing 6 of 6 transactions
Source: HDB Resale Flat Prices, data.gov.sg (Singapore Open Data Licence).

About Block 533 Pasir Ris Drive 1

Block 533 at Pasir Ris Drive 1 is a residential HDB block in Pasir Ris, Singapore, built in 1992 with approximately 65 years remaining on its 99-year lease. The block contains executive flats, with resale prices ranging from $738,000 to $940,000 based on 6 recorded transactions since January 2017. The most recent transaction was a executive flat on storeys 01 TO 03 sold for $925,000 in 2026-03. The current median price per square metre is $6,091. Under Bala's Table (the Singapore Land Authority's official leasehold valuation model), the block's leasehold relativity ratio is 0.8961, with an annual lease decay rate of approximately 0.41%. All transaction data is sourced from Singapore's data.gov.sg open data platform and is updated monthly.

Frequently Asked Questions

How much is an HDB flat at Block 533 Pasir Ris Drive 1 worth?

The most recent resale transaction at Block 533 Pasir Ris Drive 1 was $925,000 for a executive flat in 2026-03. The median price per square metre across all flat types is $6,091, based on 6 transactions since January 2017. Data sourced from data.gov.sg.

What is the remaining lease for Block 533 Pasir Ris Drive 1?

Block 533 Pasir Ris Drive 1 was built in 1992 and has approximately 65 years and 10 months remaining on its 99-year lease. Under Bala's Table (the SLA leasehold valuation model), the annual lease decay rate is 0.41%, meaning the leasehold value decreases by approximately 0.41% per year at the current remaining lease.

What flat types are available at Block 533 Pasir Ris Drive 1?

Block 533 Pasir Ris Drive 1 in Pasir Ris contains executive flats. Resale prices range from $738,000 to $940,000 based on historical transaction records from data.gov.sg.

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